Chemours Balance Sheet Health
Financial Health criteria checks 2/6
Chemours has a total shareholder equity of $739.0M and total debt of $4.0B, which brings its debt-to-equity ratio to 538.6%. Its total assets and total liabilities are $8.3B and $7.5B respectively. Chemours's EBIT is $673.0M making its interest coverage ratio 3.2. It has cash and short-term investments of $1.2B.
Key information
538.6%
Debt to equity ratio
US$3.98b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$1.20b |
| Equity | US$739.00m |
| Total liabilities | US$7.51b |
| Total assets | US$8.25b |
Recent financial health updates
Chemours (NYSE:CC) Takes On Some Risk With Its Use Of Debt
Jul 18
Is Chemours (NYSE:CC) Using Too Much Debt?
Apr 06Recent updates
Drama At The Chemours Company Opens The Door For Upside
Mar 29The Chemours Company (NYSE:CC) Not Doing Enough For Some Investors As Its Shares Slump 37%
Mar 01Chemours: The Case Amidst Board Trouble, I Say Buy The Weakness
Feb 29Chemours (NYSE:CC) Has Announced A Dividend Of $0.25
Feb 17Chemours: Technological Innovation Presents Excellent Opportunities For Growth
Dec 23Chemours (NYSE:CC) Will Pay A Dividend Of $0.25
Oct 30The Chemours Company (NYSE:CC) Shares Could Be 21% Above Their Intrinsic Value Estimate
Oct 28Chemours: Volatile Bottom Line Needs Consistency
Oct 06The Chemours Company: Portfolio Optimization Resulting In Compounding Growth
Sep 19Chemours (NYSE:CC) Takes On Some Risk With Its Use Of Debt
Jul 18Is There An Opportunity With The Chemours Company's (NYSE:CC) 48% Undervaluation?
Jul 03The Chemours Company: On A Nice Run
Jul 03Is The Chemours Company (NYSE:CC) Potentially Undervalued?
May 15Is Chemours (NYSE:CC) Using Too Much Debt?
Apr 06The Chemours Company: Market Volatility May Present Buying Opportunity
Feb 13Chemours (NYSE:CC) Is Paying Out A Dividend Of $0.25
Feb 11At US$34.94, Is It Time To Put The Chemours Company (NYSE:CC) On Your Watch List?
Feb 09Financial Position Analysis
Short Term Liabilities: CC's short term assets ($3.8B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: CC's short term assets ($3.8B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CC's net debt to equity ratio (375.8%) is considered high.
Reducing Debt: CC's debt to equity ratio has increased from 389.2% to 538.6% over the past 5 years.
Debt Coverage: CC's debt is not well covered by operating cash flow (14%).
Interest Coverage: CC's interest payments on its debt are well covered by EBIT (3.2x coverage).